Sri Lanka is not caught in a debt trap by China, according to its ambassador in Beijing, as the Indian Ocean island nation seeks help to overcome its most severe economic woes in decades, a…
Monthly Archives For April 2022
In the U.S., consumers are paying more for everything. In China, the inflation problem is very different
BEIJING — Persistent inflation in China narrows the window for when the People’s Bank of China can cut interest rates and support growth, economists said. Official measures of producer and consumer …
China’s crude oil imports surge in March, but likely to fade amid COVID curbs: Russell
LAUNCESTON — China’s imports of crude oil rebounded in March, but aren’t likely to grow much more for a while – fuel demand is wilting amid COVID-19 lockdowns and high prices. We apologize, but this…
China lets some Shanghai residents leave home, cautiously eases COVID-19 curbs
Nomura estimates that as many as 45 cities in China are now implementing either full or partial lockdowns, making up 26.4 percent of the country’s population and 40.3 percent of its GDP.
China’s COVID-19 Shutdown Is Beginning to Bite Apple, Says Analyst
Apple, Inc. (NASDAQ:AAPL), which was managing to churn out products and keep pace with the surging demand so far, may have hit a supply-chain roadblock with the protracted COVID-19 shutdown in China.
People tire of masks, but doctors in Bengaluru advise caution citing Covid-19 cases in China
The scorching summer sun, low number of COVID-19 cases or simply exhaustion from wearing them for over two years are the reasons being cited by an increasing number of people who are lax about wearing…
Shanghai upholds differentiated COVID-19 containment measures
East China’s Shanghai has upheld differentiated prevention and control measures in its fight against the current COVID-19 resurgence to realize the “dynamic zero-case” target as soon as possible. The …
China nudges listed firms, investors to buy stocks to stabilise market
China is encouraging long-term investors to buy more equities and major shareholders of listed firms to increase their holdings when stocks slump, in a bid to stabilise a stock market rocked by a …
Tucker: If we want to know what the future looks like, you can look at China and shiver
The Communist Party of China had effectively imprisoned 11 million people simultaneously. The citizens of Wuhan were confined by government order to their apartment and those who tried to leave …
China’s March trade growth likely slowed due to virus curbs, Ukraine war
China’s export growth likely slowed in March as the Ukraine war inhibited global demand, while imports probably eased amid signs that widespread anti-COVID lockdowns have weakened domestic consumption …
China’s March trade growth likely slowed due to virus curbs, Ukraine war- Reuters poll
China’s export growth likely slowed in March as the Ukraine war inhibited global demand, while imports probably eased amid signs that widespread anti-COVID lockdowns have weakened domestic consumption …
Southern California companies tied to aluminum import fraud scheme ordered to pay government $1.83 billion
LOS ANGELES — A group of six Southern California businesses run by a fugitive Chinese billionaire was ordered Monday to pay $1.83 billion in restitution for scheming to evade payment of duties on …
Learning from Hong Kong, China targets elderly in Covid-19 vaccine drive
China is shifting the focus of its Covid-19 vaccination campaign to target the elderly, as it battles its worst coronavirus outbreak since the pandemic began. In the early stages of the pandemic, …
